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Unformatted text preview: Know classical trade theories Dollar taken a beating and world prices somewhat high Is the current account deficit a good thing or bad thing? Having a huge deficit is bad in the long run, its a good thing because it makes things cheaper. Foreign Exchange Balance of Payment GDP is also income Capital Accounts = Foreign Investment, if that slows down and our savings rates are low. . Corporate Goverance...
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This note was uploaded on 10/20/2010 for the course BADM 145 taught by Professor Jiawenyang during the Fall '07 term at GWU.
- Fall '07